ROSEMONT, IL, ILL., Jan. 15, 2015 (GLOBE NEWSWIRE) -- With only one month remaining in the 2015 health insurance open enrollment period, IXSolutions is continuing to help Illinois small businesses give their employees access to coverage. IXSolutions offers the IXSuite private insurance exchange, designed exclusively for small businesses as a time and money saving alternative to group coverage.
While the open enrollment period is scheduled to end on February 15, small businesses still have time to help their employees get covered. Any individual without health insurance after Feb. 15 will be at risk for paying a tax penalty of up to two percent of their annual household income.
"It's safe to say that most employers do not want to see their employees paying more money in taxes just because they don't have health insurance," said John DiVito, president and CEO of IXSolutions. "But, nearly 70 percent of small businesses in Illinois don't offer health insurance, mostly due to the high costs of traditional group coverage. IXSuite allows these small businesses to help their employees get access to affordable coverage without putting a financial strain on their budgets."
IXSuite features an online health insurance marketplace for employees, which allows them to shop for plans offered by the nation's leading insurance companies. IXSuite gives employees the opportunity to choose a health plan that meets both their health care and financial needs.
Employees can also take advantage of lower health care costs, currently offered through government subsidies. Qualifying for these subsidies can allow them to pay a lower monthly premium for their health plan and possibly even lower costs for the health care services they receive. IXSuite offers employees assistance from licensed insurance professionals to determine subsidy eligibility and help enrolling in subsidy eligible plans.
The exchange can also be used for employers looking for a health care solution for their part-time employees. While these part-time employees may not qualify to be covered under their employer's group plan, they are still legally required to have health insurance. IXSuite offers an easy way for employer's to help their part-time employees get access to the coverage they need for 2015.
To learn more about IXSolutions, visit IXSHealth.com or call 855-563-6993.
About IXSolutions
IXSolutions was founded by the owners of Flexible Benefit Service Corporation (Flex), leveraging over 26 years of experience in the health insurance and benefits administration marketplace. IXSolutions offers employers an affordable way to help employees gain access to health insurance with the IXSuite private exchange. For individuals and families, IXSolutions offers an easy way to shop and compare coverage options using the IXStore health insurance marketplace. Learn more at www.ixshealth.com.